Investment Associate, Private Capital - Financial Services

The opportunity

We are seeking an Associate to join the Financial Services Group within the Private Capital team. Based in Toronto, you will be an integral part of a team focused on direct investments in North America. You will play a key role in evaluating potential investment opportunities, executing transactions, conducting sector research including transaction pipeline building, and supporting portfolio company management.

Our Financial Services team invests across sub-sectors including Insurance, Wealth & Asset Management, Lending, Professional Services, and Cards & Payments, with a particular need to understand the regulatory, AI, data and digitization themes reshaping the sector. You will work with sector specialists and portfolio company management to evaluate new investments, support value creation initiatives, and develop sub-sector views across priority areas.

• Evaluate new investments and determine whether the company represents an attractive investment opportunity. The analysis of investments includes conducting industry and company research, managing third-party advisors, building sophisticated financial models, arranging debt financing, reviewing legal documents, reviewing and analyzing due diligence materials, and preparing internal support materials and written recommendations to PC’s Investment Committee.
• Once a transaction has been completed, remain involved with the business, potentially attending board meetings as an observer, and work with the management team and the board of directors to implement value-enhancing initiatives.
• Work directly with management on various initiatives as required, including with respect to mergers and acquisitions, debt refinancings, budgeting and other strategic projects.
• Help develop and refresh sub-sector investment theses through deep dives, market mapping, primary research, target screening, valuation benchmarking, and identification of key diligence themes; activities include conducting desk research, working with bankers and consultants, and attending conferences.
• Assist in building and maintaining relationships with fund partners.
• Ability and willingness to travel.
• Accommodations are available upon request () for candidates with a disability taking part in the recruitment process and once hired.

• 2-3 years related work experience from a leading investment bank or consulting firm.
• An undergraduate from a university with a focus on business / finance / accounting / investment analysis, or equivalent experience.
• Experience in developing financial models (LBO, DCF, etc.) from the ground up to aid in investment valuation, transaction structuring, and financing decisions.
• Experience evaluating companies, transactions, or investment themes in Financial Services is considered an asset.
• Very strong analytical and quantitative skills and ability to perform in-depth, creative, critical analysis.
• Comfort using data and AI-enabled tools to support research, analysis, diligence and portfolio company work.
• Experience in the investment process, including conducting due diligence, arranging debt financing and negotiating documentation.
• Excellent communication skills, both oral and written, with solid presentation skills.
• Collaborative teammate with strong interpersonal skills, able to establish and build relationships.
• Self‑motivated, and possess unquestioned personal and professional integrity.
• Ability to meet tight timelines and operate in a highly complex and demanding work environment.
• Candidates must be legally entitled to work in the country where this role is located.

• Numerous opportunities for professional growth and development.
• Comprehensive employer paid benefits coverage.
• Retirement…